To: Sam who wrote (92526 ) 9/3/2018 10:00:34 PM From: i-node Read Replies (2) | Respond to >> TRUMP: "The fact is that African/American unemployment is now the lowest in the history of our country." — tweet Sunday. THE FACTS: Not exactly. He omits important caveats. Black unemployment did reach a record low, 5.9 percent, in May. But that figure is volatile on a monthly basis. That rate has since risen to 6.6 percent in July. Trump is taking credit he doesn't deserve for job growth, according to many economists who view the continued growth since the middle of 2009 as the primary explanation for the recent hiring. Meanwhile, there are multiple signs that the racial wealth gap is now worsening and the administration appears to have done little, if anything, to specifically address this challenge. The most dramatic drop in black unemployment came under President Barack Obama, when it fell from a recession high of 16.8 percent in March 2010 to 7.8 percent in January 2017. No. Yes Exactly. Trump did not comment on the most dramatic drop in black unemployment, which also was a period of 7 years that Barack Obama had NOT ONE THING to do with. Economically speaking, he took what should have been a 2-3 year recovery and turned it into a 7 year recovery. Trump is precisely right. The current black unemployment rate is the lowest on record. And that is why more blacks are supporting him; they recognize the best thing for them is to have a paycheck, and many blacks, being the last to get employed, have never experienced that in their lives.
